NCEA Level 2 Financial Mathematics

Aim

This course is intended for learners who have not always found the study of mathematics easy. The course develops a student's ability to use mathematics in real life contexts with a clear focus on personal finance. This course allows learners to continue on to NCEA Level 3 Financial Mathematics when studying for NCEA Level 3.

Course content

Designing statistical questionnaires
Applying network methods
Evaluating insurance products
Producing budgets for individuals
The effect of life events on personal finance

Assessment

There are a variety of assessment tasks. There will be no externally assessed standards in this course.

Qualification gained

Full course completion - 17 credits at NCEA Level 2

Due to the range of standards there is no subject endorsement available from this course

This subject has links with

Science, Economics, Geography

Prior knowledge required

Open entry

Next step

NCEA Level 3 Financial Mathematics

Achievement Standard

91260 2.5 2 Credits Internal Apply network methods in solving problems
91263 2.8 3 Credits Internal Design a questionnaire

Unit Standard

28092 3 Credits Internal Analyse the effect of significant life events at different life stages on personal financial income
28094 3 Credits Internal Produce a balanced household budget and adjust the budget to reflect changing financial circumstances
28096 3 Credits Internal Demonstrate understanding of insurance products for personal financial capability

Course contribution: $10 indicative amount, may be subject to change.

Workbooks.

(A scientific calculator is required)